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Forex Trend Analysis Report

Prepared for you on Thursday, November 7, 2024.

Swiss Franc/Hungarian Forint (FOREX:CHFHUF)

Bull Market Weakness (+75) - CHFHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFHUF as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CHFHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFHUF
Open High Low CHFHUF Price Change
435.43009 435.82299 431.72012 432.61644 -2.81365
Entry Signal

MarketClub’s Trade Triangles for CHFHUF

long term up The long-term trend has been UP since Jun 14th, 2024 at 417.12984

intermediate term up The intermediate-term trend has been UP since Oct 2nd, 2024 at 426.62108

short term down The short-term trend has been DOWN since Nov 7th, 2024 at 431.89191

Smart Scan Analysis for CHFHUF

Based on our trend formula, CHFHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CHFHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
435.43009 435.82299 431.72012 432.61644 -2.81365
Prev. Close Volume Bid Ask Time
435.43009 2024-11-07 04:46:28
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